Skip to content

Georgia · Nonprofit

PACE ACADEMY INC

PACE ACADEMY INC (Georgia) receives grants from 93 organizations whose IRS filings report $21,172,804 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,088,420). 71 of them have funded it in more than one year.

Revenue FY2025
$55M
Funders on record
93
Grants received
$21M
Net assets
$182M
71/93 repeat funderspeak grant-dependency 9%
01What it does

What Pace Academy Inc does

Mission

Our mission is to create prepared, confident citizens of the world who honor the values of pace academy.

As stated on its FY2025 Form 990.

Programs

  1. Instruction - pace academy was established in 1958 as an independent college preparatory co-educational day school. The enrollment is 1,150 students in pre-first through 12th grades. Pace strives to create an innovative learning environment through collaboration, challenging curriculum, outstanding teaching and co-curricular offerings. It means we require students to plug into the world around them, push beyond their comfort zones and accomplish things they never thought possible. Pace starts small to make these big things happen by focusing on the individual student, maintaining small class sizes, emphasizing meaningful student-teacher relationships and fostering an inclusive, nurturing community.

    $34,510,875 spentof which $3,609,732 as grants$42,769,030 earned by the program
    77% of program spending
  2. Isdell center for global leadership - in 2014, pace academy launched the isdell center for global leadership (icgl), a collaborative, cross-divisional program that supports a well-rounded global education for every pace student. The icgl takes the building blocks of the five-course curriculum and gives students in the lower, middle and upper schools the opportunity to apply their knowledge in ways that enable them to become ethical, empathetic, innovative, culturally competent and adaptable citizens of the world. From the time a student enters pace's doors until graduation, all educational experiences are viewed through an overarching global lens. The icgl fosters this culture of global learning and leadership by exploring an annual, school-wide global theme. Curricular, co-curricular and hands-on activities, a scholar-in-residence program, leadership fellowships, internships and study tours support education around these themes. In a typical year, the icgl study tours consist of approximately 20 trips, with approximately 350 students and 60 faculty/staff travling to countries throughout the world, including south america, europe, africa, asia and australia.

    $2,587,918 spentof which $48,525 as grants$1,764,334 earned by the program
    6% of program spending
  3. Student activities - pace academy offers a variety of student activities including arts, debate and athletics. Over 30 years the pace debate program has grown into a nationally recognized program with a long-standing history of excellence. The pace arts program offers a unique variety of performing and visual arts for students to participate in, and boasts a world class fine arts center. 72% of upper school students participate in the arts. Upper school students are required to complete service learning, and the average graduating senior has 90 hours of community service. The pace athletics program consistently produces championship teams and athletes, and approximately 85% of middle and upper school students play on at least one team.

    $5,569,328 spentof which $122,489 as grants$558,803 earned by the program
    13% of program spending
  4. Other programs

    $1,879,176 spentof which $2,500 as grants$1,208,368 earned by the program
    4% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $44,547,297.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($36M) Expenses 100 ($33M) Net assets 100 ($123M)2018 Revenue 104 ($37M) Expenses 104 ($34M) Net assets 104 ($127M)2019 Revenue 106 ($38M) Expenses 111 ($36M) Net assets 107 ($132M)2020 Revenue 133 ($48M) Expenses 109 ($36M) Net assets 118 ($144M)2021 Revenue 124 ($45M) Expenses 113 ($37M) Net assets 133 ($163M)2022 Revenue 146 ($53M) Expenses 127 ($42M) Net assets 133 ($163M)2023 Revenue 123 ($45M) Expenses 139 ($46M) Net assets 136 ($166M)2024 Revenue 146 ($53M) Expenses 151 ($49M) Net assets 142 ($175M)2025 Revenue 153 ($55M) Expenses 158 ($52M) Net assets 149 ($182M)
'17'18'19'20'21'22'23'24'25
Revenue (153)Expenses (158)Net assets (149)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $155M to $186M (+20%).

$143M
$149M
$155M
$186M
$209M
$206M
$203M
$208M
$216M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

10% of PACE ACADEMY INC’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$3.3M
’17
$3.5M
’18
$1.8M
’19
$12M
’20
$7.7M
’21
$11M
’22
−$1.1M
’23
$3.4M
’24
$3.2M
’25
10
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Elizabeth Correll Richards

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed302829313238393939
Joined·+2+5+6+7+9+5+8+6
No longer listed·44463486
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 29 funders to 48 funders, grant income rose $1.1M → $3.8M.

23 of 93 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 48% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PACE ACADEMY INC’s funders (the co-funder graph). Top 30 of 93 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PACE ACADEMY INC has a broad base — no single funder exceeds 15% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

57% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PACE ACADEMY INC.

15%
largest funder
35%
top three
~16
effective funders

Largest funder’s share by year: 2017 42% · 2018 45% · 2019 35% · 2020 23% · 2021 22% · 2022 21% · 2023 26% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

53% of PACE ACADEMY INC's funders are still giving 3 years after their first grant; 76% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

75% of PACE ACADEMY INC's grant income comes from Georgia funders.

IL
WI
NY
MA
PA
NJ
CT
UT
MO
VA
DE
TN
NC
OK
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Georgia out of state home

Funder states come from each funder’s own filing. $10M arriving through sponsors registered in 14 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PACE ACADEMY INC holds deeper cash reserves than three-quarters of the 3,794 education nonprofits its size.

Operating margin6% · above the median
Months of reserve10.0mo · top quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like PACE ACADEMY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Georgia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 10%Fundraising 4%

Governance

32
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

70%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

GA

Part of a family of 5 related entities

  • Knights Riverview LLC · disregarded
  • 943 Gatewood Court LLC · disregarded
  • 3463 Rilman Road LLC · disregarded
  • 944 Gatewood Court LLC · disregarded
  • 25 Asheworth Court LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for PACE ACADEMY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PACE ACADEMY INC?
PACE ACADEMY INC (Georgia) receives grants from 93 organizations whose IRS filings report $21,172,804 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,088,420). 71 of them have funded it in more than one year.
How many funders does PACE ACADEMY INC have?
IRS filings report 93 organizations giving $21,172,804 in grants to PACE ACADEMY INC, 71 of which have funded it in more than one year.
Who is the largest funder of PACE ACADEMY INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $3,088,420 in grants. The full list of funders is on this page.
How can an organization like PACE ACADEMY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 93 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing